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Gordon Houseman moves firm four years after becoming partner
Changing one of IB bosses shows what Deutsche values
Executive has worked for the bank since 1998
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Credit Suisse has promoted its head of US leveraged finance capital markets to vice chairman of acquisition and leveraged finance capital markets, which is a recently created role. -
An auction to settle Norske Skog credit default swaps will take place in June, after ISDA’s determinations ommittee agreed to an initial list of deliverables for the restructuring credit event — despite not having been able to gain access to a crucial document governing the terms of the firm’s guaranteed bonds.
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Banks are refusing to comment publicly on the UK’s referendum on leaving the EU, for fear of being sued and angering people on the other side of the debate — despite the potentially grave consequences of the vote.
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Plans to settle Norske Skog credit default swaps by auction were still at an impasse on Thursday, after ISDA’s EMEA Determinations Committee was unable to find crucial paperwork despite meeting three times this week.
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The International Finance Corp and ADM Capital have launched a new $100m fund that will be used to syndicate loans to cash strapped small and medium sized companies in Asia, which have found themselves locked out of debt markets. While the venture wants to be a safety net for SMEs, the market will take some convincing, writes John Loh.
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A credit event auction to settle Norske Skog credit default swaps is being delayed because ISDA’s EMEA Determinations Committee has been unable to source an intercreditor agreement.
